U.S. cable operator Charter to buy Time Warner Cable for $56 bln
http://www.dailymail.co.uk/wires/reuters/article-3097312/Charter-buy-Time-Warner-Cable-78-7-bln-deal.html
The partners, who said on Tuesday the deal would mean better access to
broadband Internet for many consumers, immediately faced questions
about likely regulatory obstacles that helped sink Comcast's earlier
bid for Time Warner Cable . The Federal Communications Commission was
unusually quick to comment, saying it would closely review the deal's
merits. The agency determines whether mergers are in the public
interest. "The Commission will look to see how American consumers
would benefit if the deal were to be approved," FCC Chairman Tom
Wheeler said in a statement early Tuesday. "In applying the public
interest test, an absence of harm is not sufficient."
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--Lauren--
Lauren Weinstein ([email protected]): http://www.vortex.com/lauren
Founder:
- Network Neutrality Squad: http://www.nnsquad.org
- PRIVACY Forum: http://www.vortex.com/privacy-info
Co-Founder: People For Internet Responsibility: http://www.pfir.org/pfir-info
Member: ACM Committee on Computers and Public Policy
Lauren's Blog: http://lauren.vortex.com
Google+: http://google.com/+LaurenWeinstein
Twitter: http://twitter.com/laurenweinstein
Tel: +1 (818) 225-2800 / Skype: vortex.com
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